Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Globo responds to Evil Short sellers 40 page report

By Tom Winnifrith

23 October 2015 01:50

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Globo (GBO) has responded to the report published last night by the wicked and evil global shorting conspiracy by saying that its shares will remain suspended until it can issue, what it terms, a full rebuttal of a report it says is false.

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Comments

Phil

23 October 2015, 02:05

I’m not certain they had any choice but nontheless I agree.

The rebuttal document will make interesting reading, I played a little Google strap with some of the addresses on QCM’s report late last night, and those I checked pretty much stacked up
wildrides

23 October 2015, 02:34

How can they rebut that :-

Not a single company outpost address stacked up . No one would talk to the investigators . The products are apparently crap . No distribution network or substantial retail outlets could be found and 60% of sales income was suspect . Its got to be pass the parcel between related businesses .
Gabriele Grego

23 October 2015, 05:40

http://ftalphaville.ft.com/2015/10/23/2142881/globo-lots-of-sales-fewer-partners/#respond
GG - We really don't encourage links to fascist free speech denying websites serving up yesterday's news like the crony capitalists at the FT. But as it is you, on the basis that I add to your post the observations that 1.Paul Murphy is a fascist free speech denying wanker and that 2. Dan "small cojones" McCrum is serving up news today which was on ShareProphets yesterday - given he had the report on Tuesday this shows again he is a cowardly tosser with small cojones I am happy to make an exception for you Tom PS Folks Remember to logon to the FT today for yesterdays news